Determinants of venture capital firms' preferences regarding the industry diversity and geographic scope of their investments
Article Abstract:
Stage of venture financing, ownership structure and size and type of financing required affect the investment patterns of venture capital firms (VCFs) in industries and geographic markets. An analysis of VCF data indicates that VCFs favor less industry diversity and narrower markets in early stage financing. Corporate VCFs prefer less industry diversity but have wider geographic scope than non-corporate VCFs. Large VCFs prefer greater industry diversity and broader market scope. The provision of small business investment companies financing is linked more with the preference for smaller geographic scope rather than industry diversity.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 1992
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Venture capitalist governance and value added in four countries
Article Abstract:
Venture capitalist governance and value added patterns in the US, the UK, France and the Netherlands were examined through a study of 221 venture capitalists (VC). Data revealed the importance of VCs' strategic, interpersonal and networking functions in adding value to new ventures. VCs with less venture capital background and considerable experience in the portfolio company's industry were found to more closely monitor their CEOs. VCs also added more value to high performing rather than low performing ventures.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 1996
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Effects of relational capital and commitment on venture capitalists' perception of portfolio company performance
Article Abstract:
A study examining how relational capital and commitment affect the venture capital companies' perception of portfolio company performance is presented.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 2006
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